After seven days of voting, the Metis local community lastly accepted the proposal to integrate information availability right into the Ethereum mainnet.
Metis’ official X account just shared an announcement about the voting final results. As a end result, all Metis transaction information will be stored on the Ethereum mainnet.
Today is a stunning day🌿
The local community has spoken and Metis will return to storing all transaction information on the Ethereum mainnet.
Metis will therefore return to getting a pure Optimistic Rollup. pic.twitter.com/Kk0iiEWTSU
— Metis🌿 (@MetisDAO) October 5, 2023
This is the phase picked by the undertaking to “decentralize Rollup”. The project’s present information availability mechanism, integrated off-chain with assistance from Memolabs, will be completely migrated to the Ethereum mainnet. As a end result, proof information of the network’s previous transactions will no longer be stored by third events but will be right integrated on-chain to enhance decentralization.
>> Find out much more: Data Availability: The Rollup Bottleneck on Ethereum
Furthermore, this adjust will pave the way for a adjust in the operational mechanism, i.e. the PoS Sequencer Pool. This model aids lessen the dependency on a precise Seuqencer and varieties the basis for long term implementation of METIS token staking.
However, an vital trade-off also pointed out by Metis in the past discussion considerations working fees. The undertaking explained transaction fees will return to amounts equivalent to present Layer-two amounts and will trigger the undertaking to no longer sustain its place as the Rollup network with the most affordable costs.
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